VarsityHousing market

Varsity

Varsity Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

30

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

38 active

New

24(+4.35% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 21, in 2023: 30, in 2022: -

Total Sold Listings*

18 sold

Median Sold Price

$820,000

Avg Days on Market

30 days

Median Bidding

-$9,499

Compared to number of sold, same period, in 2024: 20, in 2023: 16, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Varsity - All types

Sold vs Active vs New vs Relisted - Varsity - All types

Sold Price Distribution - Varsity - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Varsity - All types

Property type distribution based on data from the last 3 months.

Median Price - Varsity - All types

Just listed - Varsity

pillar/IMG-A2212114_1.jpg

7 hours on market

14 Varal Pl, Calgary

Detached4+14+11993.69 sq ft

Listed by RE/MAX Realty Professionals

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13 hours on market

4943 Valiant Dr, Calgary

Detached3+22+11139.96 sq ft

Listed by RE/MAX Realty Professionals

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1 day on market

4848 Vandoos Pl, Calgary

Detached42+11830.63 sq ft

Listed by eXp Realty

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2 days on market

4037 42 St #220, Calgary

Townhouse23+11654.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

pillar/IMG-A2213660_1.jpg

3 days on market

3727 42 St #401, Calgary

Condo11685.62 sq ft

Listed by CIR Realty

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8 days on market

4308 40 St, Calgary

Detached3+221136.00 sq ft

Listed by Royal LePage Solutions

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8 days on market

232 Valhalla Cres, Calgary

Detached3+14+12124.00 sq ft

Listed by First Place Realty

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8 days on market

4818 Varsity Dr #302, Calgary

Condo21788.38 sq ft

Listed by Royal LePage Benchmark

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9 days on market

4904 48 St, Calgary

Detached3+23+11101.15 sq ft

Listed by Century 21 Bravo Realty

Unknown for 3111 34 AVENUE NORTHWEST, Calgary Alberta T2L0Y2

13 days on market

3111 34 AVENUE NORTHWEST , Calgary

Condo11608.49 sq ft

Listed by CIR Realty

Just sold - Varsity

pillar/IMG-A2209825_1.jpg

Sold 23 hours ago

Sold for $465,000

$16K above asking

34 Vandoos Villas, Calgary

Semi-Detached22959.07 sq ft

Listed by Diamond Realty & Associates LTD.

pillar/IMG-A2192648_1.jpg

Sold 23 hours ago

Sold for $1,075,500

$76K above asking

34 Varbow Pl, Calgary

Detached4+131730.00 sq ft

Listed by Real Broker

pillar/IMG-A2213773_1.jpg

Sold for $950,000

$15K above asking

3503 Varal Rd, Calgary

Detached4+14+11791.44 sq ft

Listed by Century 21 Bamber Realty LTD.

pillar/IMG-A2179776_1.jpg

Sold 2 days ago

Sold for $1,365,000

$33K below asking

18 Varsity Estates Close, Calgary

Detached4+15+22200.42 sq ft

Listed by RE/MAX Real Estate (Central)

pillar/IMG-A2205998_1.jpg

Sold 2 days ago

Sold for $345,000

$15K below asking

3111 34 Ave #426, Calgary

Condo11767.88 sq ft

Listed by RE/MAX House of Real Estate

pillar/IMG-A2205796_1.jpg

Sold 2 days ago

Sold for $910,000

$59K below asking

303 Valencia Pl, Calgary

Detached43+12930.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

pillar/IMG-A2212443_1.jpg

Sold 3 days ago

Sold for $525,000

$10K below asking

3437 42 St #179, Calgary

Townhouse23+11792.00 sq ft

Listed by CIR Realty

pillar/IMG-A2212669_1.jpg

Sold 3 days ago

Sold for $750,000

4324 Varsity Dr, Calgary

Detached3+121044.10 sq ft

Listed by CIR Realty

pillar/IMG-A2203943_1.jpg

Sold 4 days ago

Sold for $538,000

$12K below asking

3437 42 St #147, Calgary

Townhouse23+11685.79 sq ft

Listed by Royal LePage Benchmark

pillar/IMG-A2203575_1.jpg

Sold 6 days ago

Sold for $377,500

$17K below asking

32 Varsity Estates Cir #504, Calgary

Condo11730.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

Population and Demographics

Overview

Total population 12685

Average household income $166,715

Age (%)

20 to 34

23%

65 and plus

23%

0 to 19

19%

35 to 49

18%

50 to 64

17%

Household composition (%)

Single family

57%

Single person

34%

Multi person

8%

Multi family

0%

Mother tongue (%)

English

77%

Mandarin

5%

Yue (Cantonese)

4%

Others

3%

Spanish

2%

Iranian Persian

2%

Arabic

2%

French

2%

German

1%

House tenancy (%)

Owners

61%

Renters

39%

Top 3 Schools in Varsity

Marion Carson School5225 Varsity Dr NW, T3A 1A7, Calgary, AB

8.4/10

Public•

St. Vincent de Paul Elementary Junior High School4525 - 49 Street N.W., T3A 0K4, Calgary, AB

8/10

Public•

École Terre des Jeunes3720 - 42 Street NW, T3A 0C6, Calgary, AB

6.2/10

Public•

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance